FIFA Head Sepp Blatter Resigns as These 8 Soccer Sponsors Look on

Here's a look at which brands, banks and companies are tied to the soccer scandal and what they're saying and doing about it.

NEW YORK (TheStreet) -- The developing soccer corruption scandal has done more than put top FIFA officials in hot water. It has left some of the world's biggest brand names in a bind over their continued sponsorship of the organization.

The latest is the resignation of FIFA president Sepp Blatter, 79, who was elected to an unprecedented fifth term just last week. In a statement today, Blatter said, "I am very much linked to FIFA and its interests. Those interests are dear to me and this is why I am taking this decision."

A special election will be held to choose his successor. Commentators on ESPN have speculated that pressure from FIFA sponsors over the weekend may have forced Blatter out. The Swiss attorney general has already said that Blatter is not under investigation by Swiss authorities. According to ESPN reporter Doug McIntyre, sources have told ABC News that Blatter was under investigation by the FBI. Blatter and FIFA are based in Switzerland.

Last Wednesday, the U.S. Justice Department unsealed a 47-count indictment charging 14 people, including officials of the International Federation of Association Football (FIFA), with racketeering, wire fraud and money laundering. The indictment alleges bribes date back to 1991 and have accumulated to more than $150 million.

"It spans at least two generations of soccer officials who, as alleged, have abused their positions of trust to acquire millions of dollars in bribes and kickbacks," said Attorney General Loretta Lynch.

The scandal has echoed internationally, and it has had an impact on the corporate world as well. Sponsors are in a pinch about what steps to take next, and one brand may even be implicated in some of the wrongdoing.

According to multiple reports, FIFA raked in $5.7 billion between 2011 and 2014 (including the 2012 World Cup in Brazil). Some $1.6 billion of that came from sponsors and commercial partners.

Here's a look at which brands, banks and companies are tied to the FIFA scandal and what they're saying and doing about it.

Visa

Visa (V) is one of the first FIFA sponsors to speak out regarding the indictments, and the credit card giant isn't pulling any punches.

"Our disappointment and concern with FIFA in light of today's developments is profound," representatives wrote in a statement released last Wednesday. "As a sponsor, we expect FIFA to take swift and immediate steps to address these issues within its organization."

The company also said that if FIFA should fail to make changes, it has informed the sporting organization that it will "reassess" its sponsorship.

Visa became a FIFA sponsor in 2007, and its estimated $32 million a year deal is set to extend until 2022 -- unless, of course, it decides to pull out. In 2015, Visa is set to be a part of five FIFA events.